Sunday, January 11, 2015

Open Positions Summary.

After a major breakout move, RESN has a consolidation week.   I'l look for last week's lows to hold an perhaps another push forward.
A nice three week consolidation followed by a breakout, It retested the 10s and held.  Now, I want to see a close above $11, which has presented some trouble for  CARA this past week.  If it gets going this could be a monster.  A relatively small float + IPO neglect, + exciting new drugs.

After a solid rejection, MOMO has consolidated. I believe this has a lot of ingredients to power ahead but this will be a make or break week. The consolidation should break one way or the other.... TBD.

No comments:

Post a Comment